Two-Story Multifamily
For Sale
$227,000
118 COMPTON AVE, San Antonio, TX 78214
The 1920-built property uses electric window and wall-mounted cooling units.
Property Size1,846 SF
Price / SF$122.97
Days on Market10
Property Features for 118 COMPTON AVE
General Information
Standard status
Active
Size
1,846 SF
Property subtype
Residential Income
Net Operating Income
$20,950
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$535,458
Amenities
Window Unit(s), Wall/Window Unit(s)
Electric, Other
Two Story
Building Details
Building Size
1,846 SF
Year Built
1920
Stories
2
Listing Agency:
(210) 388-4355
Listed By:
Mustafa Burhani
(210) 388-4355
Source:
Evrealestate
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 12 at 5:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mustafa Burhani
Investment Insights
Based on property information with market context.
This two-story multifamily property at 118 Compton Ave in San Antonio contains 1,846 square feet and dates to 1920. The building includes electric window and wall/window unit cooling systems, along with other electric interior service features. Its two-level design provides the primary physical configuration of the asset.
Access is available from I-35 via Division Ave, followed by S Flores and Compton Ave. The property is located in Bexar County, with the address identified as San Antonio, TX 78214. The available information supports a straightforward multifamily profile centered on its residential layout, established construction date, and existing cooling equipment.
Access is available from I-35 via Division Ave, followed by S Flores and Compton Ave. The property is located in Bexar County, with the address identified as San Antonio, TX 78214. The available information supports a straightforward multifamily profile centered on its residential layout, established construction date, and existing cooling equipment.
Key Highlights
- 1,846‑square‑foot multifamily property
- Two‑story building configuration
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,857
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$377,140
$377.1K
Cap Rate 7%
$269,386
$269.4K
Cap Rate 9%
$209,522
$209.5K
Market Conditions
NOI Build-Up for 1,846 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$36.6K $19.80/SF
− Vacancy
−$2.3K −$1.23/SF
EGI
$34.3K $18.57/SF
− OpEx
−$15.4K −$8.36/SF
NOI
$18.9K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$377,140
Cap Rate 7%
$269,386
Cap Rate 9%
$209,522
Alternative Uses
Best Use
Multifamily LT 5
$303.5K
$265.6K – $354.1K
NOI $21,248 @ 7.0% cap · market cap 9.36%
Second Best
Apartment 5plus
$269.4K
$235.7K – $314.3K
NOI $18,857 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$470.9K
$412.0K – $549.4K
NOI $32,962 @ 7.0% cap · market cap 14.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
Business Placement
Demographics for 78214, TX
22,664
Population
8,447
Households
2.7
Avg Household Size
37
Median Age
9%
College-Educated
69%
High-School Grad
8.3 sq mi
ZIP Area
2,731
Density / Sq Mi
$41,334
Median Household Income
$31,397
Median Earnings
$934
Median Rent
$121,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - The 1920-built property uses electric window and wall-mounted cooling units.
Where is this multifamily property located?
The property is located at 118 COMPTON AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $227,000.
What are key features of this property?
This property features: 1,846‑square‑foot multifamily property; Two‑story building configuration; Built in 1920
